The Mumbai Police Crime Branch’s Anti Extortion Cell (AEC) have arrested an aide of fugitive gangster Anees Ibrahim, who handles his finance and laundered his black money wherever he asks him to.

The arrested, identified by police as Mohammad Altaf Abdul Latif Sayyad, a resident of Navi Mumbai, was arrested from Kannur International Airport, as he returned from Dubai. The police had received a prior intimation of his arrival and arrested him . Sayyed used to handle Ibrahim’s extortion money since 2001. His arrest is said to be crucial for the police as it would lead them to the money trail of underworld, said an official.